About

An M.Com (Master of Commerce) is a Postgraduate program that provides detailed training in various aspects of accounting, finance, economics, or taxation. The duration of the MCOM Distance Education program is two years, but it can extend up to four years. This course is designed for individuals who require a flexible learning schedule due to commitments such as work or family. The curriculum encompasses areas such as accounting, finance, economics, marketing, and business analysis.  It facilitates remote learning without the necessity of being physically present on campus. It utilizes online classes, virtual assignments, and group projects that can be completed remotely. This allows students to study from anywhere and at a pace that suits their needs. The course aims to equip students with the analytical and strategic skills necessary to address complex business challenges and enhance their career prospects in the competitive global market. Opting for a distance MCOM is beneficial for working professionals seeking to advance their qualifications and career prospects without having to leave their current jobs.

Key Highlights

1. New Job Opportunities: The M.Com degree significantly enhances job prospects. For example, India's investment sector is predicted to grow to USD 1 trillion by 2025, creating numerous opportunities for M.Com graduates. The investment banking sector is also projected to expand, providing further employment opportunities.
2. Attractive Compensation: M.Com graduates often secure positions such as record associates, cost accountants, and investment bankers. The average salary for an M.Com graduate in India is approximately INR 372,913 per annum, with course fees ranging from INR 5000 to INR 140,000. Notably, there is no age bar for pursuing an M.Com degree.
3. Safety Net: Many M.Com students also pursue professional courses like Chartered Accountancy (CA), Company Secretary, or CFA. These courses are notoriously difficult, with low pass rates, so an M.Com degree serves as a valuable backup.
4. Stepping Stone for Education: For those aspiring to teach, especially in commerce, an M.Com specialization is essential. It also serves as a preparatory course for Ph.D. programs.
5. Development of Managerial Skills: The M.Com curriculum includes various subjects related to organization and management, equipping students with skills to manage finances and develop strategies for overcoming challenges.
6. Specialization Opportunities: The M.Com course offers numerous specializations, such as finance, accounting, marketing, computer applications, financial management, and business management, further enhancing job prospects.
7. Networking: M.Com programs allow students to build networks with batchmates, seniors, faculty, and alumni, creating references for future job opportunities.

M.Com graduates have opportunities in virtually every sector of the economy, with top recruiters including Capgemini, Dell, Infosys, and others.

Carrier Scope

After completing the MCom course, a candidate can seek employment in the BFSI sector, opt for a teaching job or lecturer-ship or go for research. There are various job options for MCom course holders in the private, public, and government sectors. Nationalized banks, Railways, Income Tax, and other government departments are good options for MCom degree holders to aim for a secure and prosperous career. 

MCom Salary in India 

People who have completed the MCom degree can find work in both the business and public sectors. The salary paid varies by field and is determined by the recruiters' skills, qualifications, experience, and other special requirements.

The typical salary package offered to fresher’s or entry-level employees ranges from INR 2 lakhs per annum to INR 5 LPA. People with a good number of years of experience can expect to earn between INR 6 lakh and INR 8 LPA.

Some of the top job profiles for MCom degree holders are:

Worth It

Is MCom Worth Doing It?

Prior to chasing after any course it is good that the competitors look at the value of the course. In the current age where MBA is liked by practically all competitors, this has yet to be addressed: Is MCom worth the effort? The response is straightforward, Yes. MCom, first of all, is a lot less expensive than other expert degrees like MBA or PGDM Courses. While an MBA course should be visible as a Multidisciplinary course, the MCom Course just spotlights a particular part of the field of trade. In any case, this doesn't imply that the MCom course doesn't think about the business the executives subjects. MCom program incorporates subjects like Authoritative Way of behaving, Hierarchical Administration, and The Board Standards, which permit the possibility to rival MBA graduates. Likewise, the MCom Course span is like an MBA and is a lot more limited than a CA course. Consequently, to reaffirm once more, MCom merits doing.

Program Fees

Admission Process

Course's Specialization

M.Com graduates have opportunities in virtually every sector of the economy, with top recruiters including Capgemini, Dell, Infosys, and others.

The Master of Commerce (M.Com) degree indeed offers a wide range of specializations, catering to various interests and career goals. Here are some of the popular M.Com specializations:

1. Taxation
2. Accounting
3. Mathematics
4. Statistics
5. Accounting & Finance
6. Finance
7. Banking
8. E-Commerce
9. Banking and Finance
10. Computer Application
11. Marketing
12. Economics
13. Business Management

These specializations allow students to gain in-depth knowledge and expertise in their chosen field, making them valuable assets in sectors such as taxation, accounting, finance, and marketing. Many colleges offer these specializations, giving students the flexibility to choose according to their interests and career aspirations

Eligibility / Duration

Every university has its own eligibility criteria for enrolling in distance MCom courses, but here are some common frameworks followed by most universities in India, whether private or government:

• Educational Qualification : Require a Bachelor's degree in commerce or any other discipline from a recognized university.
• Minimum Marks : Most Universities require a minimum of 50% marks in the bachelor's degree program.
• Work Experience : Some universities prefer or require candidates to have prior work experience for the MCom program.
• Entrance Exams : Some universities consider the marks of state and nation-level entrance exams but don’t conduct their own.
• Age Limit : There is no age restriction for applying to distance MCom programs, though this may vary by university.

The duration of a distance MCom (Master of Commerce) program can vary depending on the educational institution and the specific program structure. However, a distance MCom program in India usually spans 2-4 years. Verifying the program duration with the specific university or college offering the distance MCom program is essential.

To be on the safer side, students must check the specific requirements and eligibility criteria for the interested course or university, as they can have unique criteria.